The Steel Crisis

Professor of Political Science William Scheuerman
ABC-CLIO
9780275921248
0-275-92124-7

This book analyzes the causes underlying the decline of the United States steel industry and the impact of that decline on our institutions of procedural democracy. It locates steel's economic demise in.

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the logic of an economy organized for profit maximization and demonstrates how the industry's economic policies helped open the U.S. market to foreign imports while simultaneously forcing steel officials to turn to the government for assistance.